FIRST TRUST ALT ABS RET ETF (FAAR) Stock Technical Analysis
NASDAQ:FAAR - Nasdaq - US33740Y1010 - ETF - Currency: USD
We assign a technical rating of 3 out of 10 to FAAR. In the past year, FAAR was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, FAAR is a bad performer in the overall market: 67% of all stocks are doing better.
Warning: FAAR has an average volume of 19458 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
FAAR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FAAR is lagging the market.
In the last month FAAR has a been trading in a tight range between 26.49 and 27.82.
Considerably lower volume is observed in the last couple of days.
The technical rating of FAAR is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
25.42
30.06
3 important support areas can be observed.
- Support @27.73 from a horizontal line in the weekly time frame.
- A support zone ranging from 26.82 to 27.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.68 to 26.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 28.05 to 29.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @29.76 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for FAAR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FAAR is up. |
| ChartMill Relative Strength | 33.12 | NEUTRAL | FAAR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FAAR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FAAR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FAAR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.94 | NEUTRAL | The RSI value for FAAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests FAAR has a positive trend. |
| Stochastics (14,3) | 88.12 | OVERBOUGHT | The high Stochastics value suggests FAAR may be overbought. |
| Average True Range in percent/ATR (20) | 0.97 | LOW VOLATILITY | The low ATR as a percentage value for FAAR suggests low volalility. |
| Average Directional Index/ADX (14) | 27.6 | POSITIVE | The high ADX value value for FAAR suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:FAAR (6/12/2025, 2:20:34 PM)
27.88
+0.16 (+0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.58%
1 Week3.2%
2 Weeks3.61%
1 Month2.51%
3 Month-1.7%
6 Month-2.46%
12 Month-2.51%
2 Year-1.56%
3 Year-16.92%
5 Year5.98%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%0.97%
ATR Inc32.53%
Range Today0.21
ADR(20)0.23
ADR(20)%0.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.12
Mansfield-0.56
10 Day High27.82
10 Day Low26.49
20 Day High27.82
20 Day Low26.49
52 Week High31.1
52 Week Low25.19
CS1 End27.2
CR1 Start27.73
Volume & EV
DER(3)-1.89%
DER(5)-2.28%
Volume9.26K
Volume Incr-40.88%
Vol(5)9.12K
Vol(50)19.46K